Isn’t that amazing! The king of liberal social media gets thwacked by America. The commentary by the American public on how they have been treated by establishment politicians on the left and right, and the liberal media isn’t going by the way side since the election. Americans overwhelmingly defeated progressivism in the general election and now they are gunning for liberal social media!
Breitbart had this to say:
Since the election of Donald Trump as President of the United States, Facebook CEO Mark Zuckerberg’s net worth has fallen by $3.7 billion.
Since November 8th, the date of the election, Zuckerberg’s worth has declined by as much as $3.7 billion, this figure is based on Facebook’s 7% decline in share price from November 8th until Friday the 2nd of December. This £3.7 billion loss hasn’t affected Zuckerberg’s financial standing massively, he is still currently ranked as the fifth richest person in the world according to Forbes real time rankings and still possesses approximately $49 billion.
Breitbart suggests it was due to the Trump effect and the fact that facebook’s founder was a big proponent of the “fake news” narrative.
Zukerberg has recently come under fire for promoting a narrative that claimed that “fake news” affected the presidential election. Both Google and Facebook took steps on November 14th to ban “fake news” content publishers from generating a cut of advertising revenues through Google AdSense and Facebook Audience Network, a move that “disproportionately impacted right-wing news sites.” Whether or not Zuckerburg’s financial loss is tied to this is unknown.
It’s about time for these liberal monopolies were eclipsed by some more conservative alternatives, don’t ya think?